The bill amends section 4.1-01-20.1 of the North Dakota Century Code to enhance the bioscience innovation grant program. It introduces a requirement for the commissioner to collaborate with a local association in the state that has bioscience experience to develop and administer the program. The bill outlines specific responsibilities for this association, including promoting the program, recruiting bioscience organizations, determining applicant eligibility, and conducting performance reviews. Additionally, the commissioner may reimburse the collaborating association up to $600,000 per biennium for costs incurred in administering the program.
Furthermore, the bill modifies eligibility criteria for bioscience businesses seeking grant funds, specifying that they must be registered in the state and in good standing, and it expands the committee responsible for awarding grants to include representatives from the University of North Dakota and North Dakota State University. The bill also clarifies that grant funds cannot be used for capital improvements, academic programming, or workforce training, ensuring that the focus remains on supporting biotechnology innovation and commercialization within the state.
Statutes affected: INTRODUCED: 4.1-01-20.1